Top 20 Takeaways from the Dodd-Frank Act, #16

# 16 Fair Value Accounting “Time to Rethink”

The industry has had trouble with fair value accounting for some time, and FASB has turned a deaf ear.   But there is a new chair, Leslie F. Seidman, who is now listening.  It appears like we will move closer to IFRS standards, if successful.

About Steve Bartlett

Steve Bartlett is President and CEO of The Financial Services Roundtable, and has served in that role since June 1999. Previously, he was the Mayor of Dallas, Texas (1991-95), a Member of the United States Congress (1983-91), and on the Dallas City Council (1977-81). At The Financial Services Roundtable, Mr. Bartlett has had a major impact on legislation including Gramm-Leach-Bliley, E-SIGN, the 2001-2003 Tax Cuts, the Fact Act (FCRA), Class Action Reform, consumer bankruptcy reform, regulatory reform and TARP.
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